PANews reported on August 13th that U.S. Treasury Secretary Bensonte stated that the Federal Reserve should consider a 50 basis point rate cut in September. It is hoped that Milan will be confirmed by the Senate to a seat on the Federal Reserve Board before the September meeting. The Federal Reserve is seeking candidates for vacancies, and Trump is very open to this. We hope to find someone who can restructure the Federal Reserve. If the data is accurate, the Fed may cut interest rates in June. The Federal Reserve has fundamental problems.


